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Author Topic: We are only rich on spreadsheets  (Read 15231 times)
Festac
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June 08, 2020, 06:29:32 AM
 #641

Projects that introduced bounty campaigns have every right to protect themselves and avoid dump, it's still fair enough if distribution are split up, one thing that top exchange projects has is maintain good value than others that will dump faster, not getting paid at all is what I'm so against

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June 08, 2020, 06:43:50 AM
 #642

Projects that introduced bounty campaigns have every right to protect themselves and avoid dump, it's still fair enough if distribution are split up, one thing that top exchange projects has is maintain good value than others that will dump faster, not getting paid at all is what I'm so against
That seems to be one of the strategies used by the project team, but it will not last long when the tokens are already in the exchange, I have seen 2 projects that implement this, but price reductions still occur from day to day, projects that what I see is E3T and AG8, the two tokens have never experienced a sharp price increase even though the team did the distribution in stages to the bounty participants.
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June 08, 2020, 07:29:28 AM
 #643

The only thing that makes a bounty project becomes very valuable even after bounty hunters are paid is the (interest) of investors, another one is demand and supply, not all projects are crap, most bounty campaigns are big disappointments but not all bounties, few projects will always prove this wrong.. I still remember tachyon, Velas, Cartesi,Harmony, they are damn good
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June 08, 2020, 08:23:06 AM
 #644

The main goal of the bounty hunter is to attract new investors to join the project that we are promoting, even though the costs given are not what we expected, bounty hunters are given an average funding allocation of around 1-5%.
The problem is that the price of the token, the Bounty hunter can receive 1-5% of the total supply, but the price of the token collapses many times over the ICO price. And actually bounty hunters only get a few cents for their work, there are even a lot of scam campaigns and not distributed to participants.
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June 08, 2020, 09:37:03 AM
 #645

My thoughts are as the same as yours. We are expecting good profits in our spreadsheet yet when the reality comes, what we could earn is just 10 percent of what we see in our spreadsheet or sometimes turns into nothing because of not all projects are successful. We just hope that next time we join a bounty project we earn what we expect or what we see on our spreadsheet.

This often happens because the project is not listed on the exchanger so we cannot sell it or because the price of the token falls after listing on the exchanger. Many new projects have dropped more than 50% from the ICO / IEO price and I think it's true that we are only rich in spreadsheets

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June 09, 2020, 01:12:05 PM
 #646

Yes, its harsh truth about the current bounty campaign situation. Bounty hunters do hard work for the bounties but they never get paid as per their wish, every time hunters need to get adjusted as per their rewards. One of the worst-case scenarios for the hunters is when they realize their project is a scam.
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June 09, 2020, 01:15:11 PM
 #647

My thoughts are as the same as yours. We are expecting good profits in our spreadsheet yet when the reality comes, what we could earn is just 10 percent of what we see in our spreadsheet or sometimes turns into nothing because of not all projects are successful. We just hope that next time we join a bounty project we earn what we expect or what we see on our spreadsheet.

This often happens because the project is not listed on the exchanger so we cannot sell it or because the price of the token falls after listing on the exchanger. Many new projects have dropped more than 50% from the ICO / IEO price and I think it's true that we are only rich in spreadsheets
If the price drops by 50%, we can still make a lot of money from bounty campaigns. But in fact, the price drops 5-10 times or more than that. On the spreadsheet I have more than $ 1000 but in fact when I receive the tokens and sell them, I only have $ 5-10

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June 09, 2020, 03:07:56 PM
 #648

You're right my friend, They use bounty hunters as tools to carry out their deceitful action and sometimes as cheap promotional options. I taught bounty programs was no more, however, I see bounty threads always.
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June 09, 2020, 03:20:31 PM
 #649

all depends on the price of the token at the time of the first launch, because the average token after distribution will be discarded, making the bounty hunter disappointed because the results obtained are too few, so it is natural to think of spreadsheet rich and poor after distribution.

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June 16, 2020, 12:00:24 AM
 #650

For me it's better than nothing, we get so disappointed because we expect too much in return. And it's up to you if you still want to remain, remember it's just free token from  the task we've done.
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June 16, 2020, 01:34:36 AM
 #651

The main goal of the bounty hunter is to attract new investors to join the project that we are promoting, even though the costs given are not what we expected, bounty hunters are given an average funding allocation of around 1-5%.
Even that's based on the allocation but the result will always different from the price that has already expected by the developers. the developers must have started to consider to replace it with stable coin to give guarantee to the hunters.

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jcpone
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June 16, 2020, 02:16:32 AM
 #652

Probably you are just saying that, because your expecting too much on it. But for the people here who knows the cycle happening in cryptocurrency it doesn't mean the price is 1$ of each token while the project campaign was in progress it means true, of course not!
I know when it comes to the actual price in the market that won't do happen most of the time.
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June 16, 2020, 07:09:16 AM
 #653

not all of the projects are bad, and also the funds they allocate I think are sufficient, it's just that the participants are too large so the number of prizes becomes small. That is, you have to count the number of participants and prizes before joining.
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June 16, 2020, 07:27:26 AM
 #654

not all of the projects are bad, and also the funds they allocate I think are sufficient, it's just that the participants are too large so the number of prizes becomes small. That is, you have to count the number of participants and prizes before joining.
Undoubtedly, not all projects are bad and many Bounty companies end successfully, accompanied by the distribution of remuneration at the declared value. But I would draw attention to the fact that compared to 2016 and 2017, the total pool for the Bounty company today is in most cases much smaller, that even if there is a reward in tokens, it will rise in price in the future, anyway, but these funds will have a much lower value compared to previous years Bounty companies. Moreover, if you look at the statistics of the Bounty companies that are represented on bitcointalk for the last period, then only a small percentage of these projects work or continue to develop, and all the others are gone and their teams do not even respond. Therefore, it is quite possible to share the opinion of the author of this topic, that with the help of participants of Bounty companies at a cheap price he is trying to attract large investment funds.
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June 16, 2020, 07:32:24 AM
 #655

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
LOL.
A bounty hunter really relate on what you have said. There are many numbers in spreadsheets. Your stake, coin and total coins. At first, I thought that having 700K tokens in the spreadsheet will make me rich. But my realization despaired when there is no token sent in my wallet. It is just a display on screen, numbers that you will just put in calculator to count but never be in your hands or even in your wallet.

That is why I stopped in alt campaign because it is just a waste of time. They said that they will give hundred of dollars but until now, I am poor.

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June 16, 2020, 07:41:58 AM
 #656

Only if those reward on bounties would be the same value as they've mention we could be rich not just on spreadsheets but also in real life.
If only they would send us what they have promised us with the exact value.
Right now almost all of the bounty would make us rich but only on the spreadsheet but couldn't really give us even half of the spreadsheets price.

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June 16, 2020, 07:46:37 AM
 #657

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
lol, this topic cracked me up really bad... well I cant blame you it's just as you've said.m your 500usd reward on spreadsheet can come out as 30usd reward on exchange.. but at same time, I cant blame the team.. if theres no demand .. the volume of trades will be low.. and the price is sure to fall.  it cant  be helped
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June 16, 2020, 07:53:50 AM
 #658

Very hard to believe, Cartesi got listed on binance and bounty hunters get paid as promised on spreadsheet, there are many scam projects but if you can find good project your dream on spreadsheet will become a reality

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June 16, 2020, 08:49:56 AM
 #659

Very hard to believe, Cartesi got listed on binance and bounty hunters get paid as promised on spreadsheet, there are many scam projects but if you can find good project your dream on spreadsheet will become a reality

    CashbackLover some projects are good, some are bad. And that is not the only difference, some good projects
can be great. But when it's bad people get disappointed in the entire crypto-market, and most of us here made
at least one mistake with joining bad project. In my bounty-hunting experience I participated in two projects
for nothing in the end, but I don't complain, I learned something from that.



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June 16, 2020, 09:02:15 AM
 #660

Very hard to believe, Cartesi got listed on binance and bounty hunters get paid as promised on spreadsheet, there are many scam projects but if you can find good project your dream on spreadsheet will become a reality
Why is it hard to believe? isn't Cartesi a good project and has a number of good partners, so they are very easily accepted by the binance, and finding a good project like Cartesi is difficult at the moment, but that doesn't mean there isn't.
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